# 320 N Cleveland Avenue, Sherman, TX 75090

> **TL;DR:** 5bd/3ba multi-family, $394,999, built 1979. Est. $1,712/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $394,999 |
| Bedrooms | 5 |
| Bathrooms | 3 full |
| Year Built | 1979 |
| Lot Size | 16,988 sqft (0.39 acres) |
| Property Type | Multi-Family (Triplex) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,712 |
| **Total** | **$1,712** |

## Nearby Schools

- **Elementary:** Crutchfield

## Property Highlights

- Built in 1979
- 0.39 acre lot
- 8 parking spaces

## Description

### Agent Description
*****THE ROOF AND SIDING ARE SCHEDULED TO BE REPLACED.***** Prime income-producing opportunity just minutes from Austin College. Located only two blocks from campus, this versatile multi-unit property offers strong rental history, walkability, and immediate cash flow in one of Sherman’s most desirable investment corridors.

The property features a well-maintained brick duplex fronting Cleveland Street, with separate entrances at 320 N. Cleveland and 1520 Mulberry, plus a unique two-story loft-style unit at 1580 Mulberry. An added value opportunity exists with the lower level of the loft, which is ready for completion and could be finished into an additional studio apartment—creating even greater income potential.

Positioned within walking distance to the college and just minutes from shopping, dining, medical facilities, and retail, this location consistently attracts tenants and supports long-term occupancy. This is a proven performer.

Current Leases:
320 Mulberry – $1,100 a month, lease through November 30, 2026
320 N. Cleveland – $1,080 a month, lease through August 31, 2026
1520 Mulberry – $1,100 a month, lease through November 30, 2026

Whether you are expanding your portfolio or securing a reliable income property in a high-demand rental market, this asset offers both stability and upside in a location that continues to grow.

## Location

- **Address:** 320 N Cleveland Avenue, Sherman, TX 75090
- **County:** Grayson
- **Neighborhood:** College Park Add
- **Coordinates:** 33.642897, -96.592519
- **Google Maps:** https://www.google.com/maps?q=33.642897,-96.592519

## Listing Agent

- **Name:** Theresa Brendemihl
- **Brokerage:** Easy Life Realty
- **Phone:** 9032245171
- **Email:** theresa@easyliferealty.com

## Primary Photo

![320 N Cleveland Avenue - Primary Photo](http://lh.rdcpix.com/b5758601997d9e817306ec06f9904299l-f1770109095r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/320-n-cleveland-avenue-sherman-tx-75090-21227961)*

---

**MLS#:** 21227961 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/320-n-cleveland-avenue-sherman-tx-75090-21227961)

---

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